WASHINGTON—Consumers in Indiana, North Dakota and South Dakota are now starting to see Open Your Eyes to a Credit Union materials as CUNA’s Awareness initiative officially expands to those states, the trade association reported.
Fresh Today
LONDON–Lloyds Banking Group has pledged a further £1 million to support credit unions across the U.K. through its Credit Union Development Fund.
JACKSONVILLE, Fla. - A man who faces 13 counts of kidnapping after taking hostages inside a credit union here has been ruled competent to stand trial.
FOSTER CITY, Calif.—As acceptance of EMV cards has gained traction in the U.S., counterfeit fraud, measured in dollars for these card-present transactions, has dropped precipitously, Visa said.
NEW YORK—In the lean years following the financial crisis, Citigroup made an unintentional bet on the future of banking that’s now starting to pay off.
GENEVA, Switzerland—Dukascopy Bank announced it has developed its own Ethereum stablecoins.
BASEL, Switzerland–The Basel Committee has revised the leverage ratio treatment of client cleared derivatives to generally align it with the standardized approach measuring counterparty credit risk exposures (SA-CCR) as used for risk-based capital requirements, according to the World Council of Credit Unions, which supported the move.
WASHINGTON—A U.S. judge has found three large Chinese banks in contempt for refusing to comply with subpoenas in a probe into North Korean sanctions violations, the Washington Post reported, adding one of them could lose access to the U.S. financial system.
WASHINGTON—The U.S. economy added nearly a quarter-million jobs during June, bouncing back from weak numbers one month prior and perhaps causing the Fed to pause any potential rate cuts.
WASHINGTON—New data shows a continuation of slowing loan and membership growth, with credit union memberships increased just 0.31%, the slowest May increase since 2014. Moreover, loan portfolios were up just 0.57%, the weakest May loan growth since 2011 (shortly after the 2009 recession), according to CUNA’s Monthly Credit Union Estimates for May.